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Minneapolis Realtors

Prospective Home Seller: “Can I Get More For My House If I Put On a New Roof?”

More than WHAT? My short answer to the question, “Can I get more for my house if I put on a new roof?” is, “yes, you can.” That is, if by “more,” you mean, “more than what you could have gotten for the home without a new roof ” especially if the current one is...
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The Most Stressed Member of the Seller’s Household

“I Can’t Get Covid — Can I??” As stressful as selling a home and moving to another is for people . . . it can be even more so for animals. Specifically, the family pet(s). The obvious reason: there’s no way to explain to them what’s happening (at least that I know). The cure? Extra...
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Little (or no) Yard, But No Stairs, Shared Walls, or Association Fees? “Perfect!”

Townhome Alternatives in the Age of Covid-19 In an age(?) of social distancing, so-called “townhome alternatives” may be getting a second look from Baby Boomers looking to downsize. So, exactly what is a townhome alternative? At least to me, it’s shorthand for a detached, single-family home with many of the following attributes: —Around 1,500 to...
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“The Pottery Barn Rule” — Realtor Version

Client to Agent: “What Would You Do?” You break it, you own it.” —The Pottery Barn Rule. “You make it, you own it” (translation: if you make a decision for a client . . . you are responsible for the consequences). —Real estate corollary, Ross Kaplan. Whether it’s in the context of choosing a home,...
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Price Reductions: a First Chance to Make a Second Impression

When?  How Much? If an otherwise well-staged, well-marketed home isn’t selling after a reasonable interval on the market**, a price reduction is invariably indicated. How big? It all depends on how overpriced the home appears to be. Toss Out the CMA Once a home is actually on the market, interest from prospective Buyers ” or...
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Real Estate Abbreviations (or not): “FSF,” “FSZ,” “FP,” “FR,” & “FD” (“FD”?!?)

Doesn’t “FD” Stand for “Fire Department??” Things should be made as simple as possible ” but not simpler.” —Albert Einstein I’m all for making things simpler when it comes to real estate terminology. But, there comes a point where it . . . becomes kind of silly. Exhibit A: showing instructions that refer to the...
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